Replies to This Discussion

Permalink Reply by Lucky347 on June 4, 2013 at 10:31

Lots of oil field activity down FM 2915. Patterson 518 is pretty much right across road from Scan Glory. New location being built also for Treadstone down there.

Permalink Reply by T Hill on June 4, 2013 at 12:19

Any news what Trivium/Terrace is up to. Is there a lawsuit or not? Does anybody have any guesses. Wish things would pick up. Hopefully with GE infusing 15 Billion to study and improve fracking something good will happen soon :))))

Permalink Reply by Dry Hole on June 6, 2013 at 17:31

T Hill------ I have not been to the courthouse to look but good reports say yes about the lawsuit

Do not think that is what is delaying Trivium development though -------- after several wells they just don't seem to have a barn burner

 Workover rig seems to be up on Devon Well

Permalink Reply by T Hill on June 7, 2013 at 4:19

Thanks DH

Our lease is good? till next year so hopefully they will do something or maybe someone else will come thru. Need a good "Backyard Oil" driller  to get their divining/dowsing  rod out. If they wont use the 3D  seismic maps from 2009. 

Thanks again for the update

Texas54/THill

Permalink Reply by Alvin T. Kmiec on June 10, 2013 at 15:50

I know thats right. Our lease will be up with Trivium next November and I hope them or if they sell to someone else gets on the ball. It seems oil companies waste thousands of dollars on leasing land and never do anything with it. Then I see the price of gas and wonder how much of it is wasted like leases.

Permalink Reply by Randy Dym on June 10, 2013 at 8:27

Treadstone Energy aquired 15000 acres in Madison and Houston County on May 18th from an undisclosed seller. The sale included production and  facilities. Any ideas who the seller might be?

Permalink Reply by Kittrellfiddler on June 10, 2013 at 12:18

That's interesting news, Randy...

When you write "acquired 15,000 acres", do you mean they bought the acreage outright or leased the acreage?  Just curious...15,000 acres is a lot of real estate that will require a substantial cash outlay.  If they purchased the property, then that means they are planning to stay awhile...which is good news!   

Permalink Reply by T Hill on June 10, 2013 at 12:48

I wonder who they got the acres from ??????  Guess who ever had leases will get a letter saying their lease was sold. Very interesting? How long will it take for the truth to come out? 

Permalink Reply by Lucky347 on June 10, 2013 at 12:46

Randy I believe this was last year and the seller was Parten Operating.

Permalink Reply by Randy Dym on June 11, 2013 at 5:23

My error. It was 2012.

Permalink Reply by T Hill on June 11, 2013 at 11:59

Rats :( was hoping for some new activity

Texas 54

Permalink Reply by Lucky347 on June 12, 2013 at 8:29

3 rigs drilling in southeast HC and a few new locations being built.

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